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Question
If FV = ₹ 460 and premium = ₹ 165, then what is the value of MV?
Options
165
295
460
625
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Solution
625
Explanation:
Given: FV = ₹ 460 and premium = ₹ 165
We know, MV = FV + Premium
= 460 + 165
= 625
Thus, the MV is ₹ 625 per share.
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